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The Pointe at Sparta, NJ 2 Properties Offered at $7,550,000 in Sparta, NJ
Investment Highlights
- Rare 11-unit MFR + retail portfolio — 101 & 107 Main Street combines residential density with ground-floor commercial suites
- Built-in upside — clear path to higher rents, appliance/unit upgrades, and long-term appreciation
- Connectivity that sells itself — quick access to Routes 15 and 80 and NYC commuter transit, plus standout walkability to the iconic Lake Mohawk area a
- Prime Main Street exposure — anchored in the heart of Downtown Sparta with direct frontage and visibility to 4,800+ VPD.
- Commercial suites built for demand — turnkey for professional offices, medical/dental, legal/financial services, coworking, or creative studios.
Executive Summary
Welcome to the income-generating portfolio investment opportunity of a two-property multifamily and mixed-use offering.
101 Main Street, The Pointe, is a three-story, 11-unit apartment building with three commercial suites on the ground floor. The second- and third-story apartments feature a mix of nine one-bedroom, one-bath units, and two two-bedroom, one bath units. The Pointe prominently sits at the signalized intersection of Main Street and Glen Road.
107 Main Street, The Goddard School, is a private early childhood education building spanning more than 8,000 square feet on the adjacent parcel to The Pointe. 107 Main Street has direct frontage along Main Street before the intersection.
Both assets have Town Center Lower Main Street (TCLM) zoning, enabling commercial, mixed-use, office, or even moderate-income housing (four of 11 apartments at The Pointe). The portfolio is in a fantastic local location in the heart of Sparta, with proximity to public and private schools, local retail, restaurants, professional offices, and municipal services. It also offers excellent regional access via major roadways (Routes 15, 80, 287). Sparta incorporates all elements of a live-work-play destination within a close-knit community, located about 1.5 hours outside the bustling New York City metro area.
Inquire today to learn more about value-add investment opportunity with long-term stable cash flow, multiple tenants, and tremendous historical occupancy.
101 Main Street, The Pointe, is a three-story, 11-unit apartment building with three commercial suites on the ground floor. The second- and third-story apartments feature a mix of nine one-bedroom, one-bath units, and two two-bedroom, one bath units. The Pointe prominently sits at the signalized intersection of Main Street and Glen Road.
107 Main Street, The Goddard School, is a private early childhood education building spanning more than 8,000 square feet on the adjacent parcel to The Pointe. 107 Main Street has direct frontage along Main Street before the intersection.
Both assets have Town Center Lower Main Street (TCLM) zoning, enabling commercial, mixed-use, office, or even moderate-income housing (four of 11 apartments at The Pointe). The portfolio is in a fantastic local location in the heart of Sparta, with proximity to public and private schools, local retail, restaurants, professional offices, and municipal services. It also offers excellent regional access via major roadways (Routes 15, 80, 287). Sparta incorporates all elements of a live-work-play destination within a close-knit community, located about 1.5 hours outside the bustling New York City metro area.
Inquire today to learn more about value-add investment opportunity with long-term stable cash flow, multiple tenants, and tremendous historical occupancy.
Taxes & Operating Expenses (Actual - 2025) Click Here to Access |
Annual |
|---|---|
| Gross Rental Income |
$99,999
|
| Other Income |
-
|
| Vacancy Loss |
-
|
| Effective Gross Income |
$99,999
|
| Taxes |
$99,999
|
| Operating Expenses |
$99,999
|
| Total Expenses |
$99,999
|
| Net Operating Income |
$99,999
|
Taxes & Operating Expenses (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Other Income | |
|---|---|
| Annual | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
Property Facts
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
The Pointe
101 Main St, Sparta, NJ 07871 |
Multifamily | 11,932 SF | 2005 | - |
|
The Goddard School of Sparta
107 Main St, Sparta, NJ 07871 |
Retail | 8,068 SF | 2004 | - |
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Presented by
Joyce Property Management, LLC
The Pointe at Sparta, NJ
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